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GM's Canadian workers approve $791 million investment amid U.S. tariff threats
General Motors' Canadian workers have approved a new agreement to build a heavy-duty truck in Ontario, as part of a C$1.1 billion ($791 million) investment in the country's auto sector. This move comes amid concerns over U.S. tariffs on Canadian vehicles, with President Donald Trump pledging to double them to 50% on January 1, 2027.
Key points
- GM's Canadian workers approve a new agreement to build a heavy-duty truck in Ontario, as part of a C$1.1 billion ($791 million) investment in the country's auto sector.
Sources
AI-generated from public news sources. Not financial advice.
